28 Parry Street
Bulimba, QLD 4171

Overview

Mortgagee In Possession - Landmark DA Approved Site

Nestled within Bulimba's blue-chip riverside pocket, this 810sqm North-facing parcel represents a landmark opportunity to secure a DA approved site that is being sold under instruction from the Mortgagee in Possession.

Fully serviced and positioned just footsteps from the impending Bulimba Barracks precinct, this rare landholding offers a lifestyle of unparalleled convenience just moments from the Oxford Street dining and lifestyle hub, abundant high quality schooling options such as Bulimba SS, Balmoral SHS, Churchie, Lourdes Hill and CHAC, and effortless city transport including bus, train and ferry.

Situated across 2 lots, this property previously housed a grand Queenslander but is now presented to market as a property that is approved for three luxury townhomes that utilise the existing structure of the home but has had development works halted.

The option is there to execute the existing plans (expiry 27 September 2029) or implement your own ideas into one of Bulimba's most unique sites.

The approved townhomes consist of 4 bedrooms + office, cinema, private lift, cellar and roof terraces and double garages, and are perfect for the current appetite of the Brisbane luxury market.

With outstanding local evidence of 'built product' values, these sites are a very scarce commodity. Whether you are a family looking to build your dream home in one of Brisbane's most exciting precincts, or a developer looking to capitalise on the optimism of such an incredible lifestyle, this is the one.

Firm instructions have been made to sell the property by Public Auction on Saturday 14th March at The Calile Hotel from 9:00am.

**This property is being sold by auction or without a price, and therefore, no price guide can be provided. The website may have filtered the property into a price bracket for functionality purposes.

Change History

Location